Vanuatu

Vanuatu imposes no personal income tax and no corporate income tax, making it one of the most tax-friendly jurisdictions in the world for both individuals and businesses. Capital gains are not taxed in Vanuatu, which is a significant advantage for investors, traders, and those holding appreciating assets such as cryptocurrency or equities. Foreign-sourced income is generally exempt from taxation in Vanuatu. This creates a favorable environment for individuals with international income streams, though specific conditions may apply depending on the type of income and residency status. Notable tax incentive: No income tax, no CIT, no capital gains tax. This regime can significantly reduce the effective tax burden for qualifying individuals or businesses and is worth exploring with a qualified tax advisor. Vanuatu permits dual citizenship, which provides flexibility for tax planning through establishing residency in a second jurisdiction without forfeiting existing citizenship rights.